In a Graph Where the Interest Rate Is on the Y-

question 49

Multiple Choice

In a graph where the interest rate is on the y- axis and the quantity of money is on the x- axis, a money supply curve that is independent of the interest rate is drawn as:

• A) a 45 degree line from the origin.
• B) an upward sloping line.
• C) a vertical line.
• D) a horizontal line.

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Definitions:

Entrepreneur

An individual who organizes and operates a business or businesses, taking on financial risk to do so.

Serial Entrepreneur

An individual who continuously comes up with new ideas and starts new businesses, rather than staying to manage one business for a long period.

Work Hours

The designated periods during which employees are expected to perform their job duties.

Life Control

The extent to which individuals feel they have control over their own life circumstances and outcomes.